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Chainlink is sending mixed signals, and that’s exactly what makes this zone important.
Price continues to consolidate around the $12–$12.5 support as broader market fear keeps retail on the sidelines.
Yet beneath the surface, whale accumulation is picking up and exchange balances are declining, behavior historically tied to positioning rather than distribution.
TVS growth and steady on-chain usage suggest fundamentals remain intact.
As long as this support holds, consolidation looks more like a base-building phase than a breakdown.
$LINK remains one to watch.
Shared Via Coinex Creator Program @creators